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Which of the following is the distribution of the burden of paying a tax?
Sharing of tax burden
Shifting of the tax
Incidence of a tax
Tax capitalization
In economics, tax incidence or tax burden is the effect of a particular tax on the distribution of economic welfare. The introduction of a tax drives a wedge between the price consumers pay and the price producers receive for a product, which typically imposes an economic burden on both producers and consumers.
By: Gagandeep Singh ProfileResourcesReport error
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